Northern Indiana Federal Credit Union

Headquarters

8121 Grand Blvd
Merrillville, IN 46410
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 5.50% →
1-Year CD 0.16% 5.50% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.61% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Northern Indiana is an NCUA insured institution located in Merrillville, IN. It was founded in 1935 and has approximately $39.05 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 168
Date Established 1935
Assets $39.05 million
Loans $25.69 million
Deposits $35.76 million
Capital $3.21 million
 

Field of Membership Restrictions

Membership is open to employees of AMG Resources, City of Lake Station, The Performance Companies, Inc, Gemenus Corp., Iron Workers Local Union 395, Laporte County Sherriff's, N.I.P.S.C.O., Northwest Indiana Dental Society, P.C. Communication, Regency Hospital of Northwest Indiana, St. Catherine’s Hospital, Town of Lowell, Trinity Free Methodist Church, WLTH Radio, WYIN-TV, and other select organizations.

Deposit Rates - February 23, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.05% $10,000 $14,999 Learn More
6 Mo CD
0.05% $100,000 $199,999 Learn More
12 Mo CD
0.16% $10,000 $14,999 Learn More
12 Mo CD
0.16% $100,000 $199,999 Learn More
18 Mo CD
0.18% $10,000 $14,999 Learn More
18 Mo CD
0.18% $100,000 $199,999 Learn More

Loan Rates - February 23, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Northern Indiana

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Neighbors Bank
NMLS ID: 491986
Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More
MortgageResearch.com
NMLS ID: Not a Lender
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Northern Indiana
To upload and update your bank's rates please register. It is free to register and add rates.


 

Branches

Below are Northern Indiana branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Northern Indiana Locations



Climate Initiatives

NORTHERN INDIANA is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

Financial Details

Northern Indiana Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Northern Indiana. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Northern Indiana U.S. Average
5.27% 5.37

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2023, Northern Indiana had $94,111 in non-current loans and $79,900 in owned assets. To cover these potential losses it had $3,214,094 in net worth and $87,407 in loans loss reserves. That gives it a Texas Ratio of 5.27%.

Net Worth
Northern Indiana U.S. Average
8.23% 13.46%

Northern Indiana FCU has a net worth of 8.23% versus the BestCashCow average of 13.46. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

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